GAGAN

Gagan Gases Ltd.

BSE: 524624

Sector: Chemicals

Industry Group: Chemicals & Petrochemicals

Industry: Industrial Gases

19.99+1.0 (+5.10%)

8 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

Score not available

Value Score

Score not available

Price Momentum Score

Score not available

QVM Score

Score not available

Key Metrics

Market Cap

9.03

P/E (TTM)

36.50

P/B

2.62

P/S (TTM)

1.59

EV/EBITDA

28.54

CAPE (5Y)

ROE (TTM)

4.13

ROCE (TTM)

4.06

ROA (TTM)

3.51

Avg 3Y ROE

4.57

Earnings 3Y CAGR

-47.13

Sales 3Y CAGR

51.28

Sales 5Y CAGR

Debt/Equity

0.11

Consensus TP

Strong Buy %

Promoter Holding

38.76

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Gagan Gases Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 34.27% for 12-month ended 30 Jun 2026 and the growth was 6.21 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.11 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low and declining ROE

The company reported low ROE of 4.13% for 12-month ended 30 Jun 2026 and ROE declined by -345 bps from 1 year ago

What is ROE (FY)?

Low but stable operating margin

The company reported low operating margin of 4.57% for 12-month ended 30 Jun 2026 and operating margin improved marginally by 46 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of 9.51% for 12-month ended 30 Jun 2026 and the growth was 0.92 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 10.43

Value 9.51

-51.0178.11

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Stock appears expensive but is at a discount to industry median P/E

PE TTM of 36.5 indicates that the stock is expensive on a standalone basis but discount to industry median P/E is decent at -14.6%

What is P/E Ratio?

Median: 42.74

Value 36.5

14.4394.06

Financial Snapshot

See detailed analysis

Multi-year trends for Gagan Gases Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Gagan Gases Ltd. Shareholding Pattern

Quarterly breakdown of Gagan Gases Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	34.29	34.29	34.29	34.29	34.63	34.63	34.54	34.26	34.13	35.00	35.37	35.63	35.95	36.04	36.54	36.72	36.93	37.78	38.43	38.59	38.77	38.88	39.01	39.01	38.76	38.76
Indian Promoter	34.29	34.29	34.29	34.29	34.63	34.63	34.54	34.26	34.13	35.00	35.37	35.63	35.95	36.04	36.54	36.72	36.93	37.78	38.43	38.59	38.77	38.88	39.01	39.01	38.76	38.76
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	65.64	65.64	65.64	65.64	65.30	65.30	65.39	65.67	65.80	64.93	64.56	64.30	63.98	63.89	63.39	63.21	63.06	62.21	61.56	61.40	61.22	61.11	60.98	60.98	61.23	61.23
Bodies Corporate	15.35	15.38	15.34	15.32	15.32	16.26	15.32	15.32	15.32	15.32	15.32	15.32	15.32	15.32	15.32	15.32	15.23	15.23	15.28	15.50	15.47	15.47	15.40	15.40	15.41	15.39
Others (incl. Retail) No. of shareholders	50.29 5,501	50.26 5,502	50.30 5,501	50.32 5,505	49.98 5,561	49.04 6,198	50.07 6,367	50.35 6,970	50.48 7,100	49.61 7,161	49.24 7,173	48.98 7,181	48.66 7,137	48.57 7,098	48.07 7,237	47.89 7,274	47.83 7,523	46.98 7,900	46.28 7,971	45.90 8,535	45.75 8,618	45.64 8,548	45.58 8,508	45.58 8,405	45.82 8,720	45.84 8,709

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Gagan Gases Ltd. is not part of any tracked index.

Prominent Investor Holdings

Sharad Kanayalal Shah and Associates

Jun 2026

1.26%

₹ 0 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Gagan Gases Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
GAGAN MAHESHWARY Promoter	January-2021	Market Purchase (Acquisition) 16th Jan 2021	3.85 %	₹ 7.00	5.49 k	₹ 38.43 k
GAGAN MAHESHWARY Promoter	January-2021	Market Purchase (Acquisition) 12th Jan 2021	3.64 %	₹ 7.00	10.04 k	₹ 70.29 k

No corporate action data available.

Company Profile

Overview of Gagan Gases Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Gagan Gases Limited is an India-based distributor of liquefied petroleum gas (LPG) in the private sector in Indore, Madhya Pradesh. The Company operates LPG bottling plant in Pithampur, Dhar District, in the private sector and markets LPG in 17 / 21 / 33 kg cylinders. It also specializes in the mark...

Key personnel

Ms. Anjali Jain

Compliance Officer, Company Secretary

Mr. Balwinder Singh RanaD

Chief Financial Officer, Director

Mr. Gagan MaheshwaryD

Managing Director, Director

Mr. Kul Rattan MaheshwaryD

Director

Mr. Dinesh Kumar RandharD

Independent Director

Smt. Usha ShrivastavaD

Independent Director

Shri. V. K. KhannaD

Non-Executive Independent Director

Incorporated on

06 Mar 1986

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

06 Jul 1994

Free Float

20,68,313

Website

http://www.gagangases.com/

Phone no.

+917292400266

Address

Plot no 603,, Sector 3, Pithampur, DHAR, 454774, India

Frequently Asked Questions

What is the current share price of Gagan Gases Ltd.?

The current share price of Gagan Gases Ltd. is ₹ 19.99 as of 8 Oct 2026.

What is the market capitalisation of Gagan Gases Ltd.?

The market capitalisation of Gagan Gases Ltd. stands at ₹ 9.03 Cr.

What is the PE ratio of Gagan Gases Ltd.?

The Price-to-Earnings (PE) ratio of Gagan Gases Ltd. is 36.50 as of the latest trailing twelve months data.

What is the ROE and ROCE of Gagan Gases Ltd.?

Gagan Gases Ltd. has a Return on Equity (ROE) of 4.13% and a Return on Capital Employed (ROCE) of 4.06% as per the latest financial reports.

What is the 52-week high and low of Gagan Gases Ltd.?

The 52-week high of Gagan Gases Ltd. is - and the 52-week low is -.

What is the dividend yield of Gagan Gases Ltd.?

The dividend yield of Gagan Gases Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Gagan Gases Ltd.?

Foreign Institutional Investors (FII) hold 0.00%, Domestic Institutional Investors (DII) hold 0.01% and retail/public investors hold 45.84% of Gagan Gases Ltd. shares.

What sector does Gagan Gases Ltd. belong to?

Gagan Gases Ltd. operates in the Chemicals sector.

What is the beta of Gagan Gases Ltd.?

The beta of Gagan Gases Ltd. is -0.06, indicating its price volatility relative to the broader market. Over the past 1 year, Gagan Gases Ltd. has delivered an absolute return of -16.60%.

What is the RSI of Gagan Gases Ltd.?

The 14-day Relative Strength Index (RSI) of Gagan Gases Ltd. is 51.48, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Gagan Gases Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Gagan Gases Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Holdings and Presence